When was PropelAuth founded?

PropelAuth was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is PropelAuth located?

PropelAuth is headquartered in San Francisco, United States.

How many employees does PropelAuth have?

As of May 31, 2026, the latest employee count at PropelAuth is 7.

Is PropelAuth a funded company?

PropelAuth is a funded company, having raised a total of $3.09M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 13, 2022.

When was the latest funding round of PropelAuth?

PropelAuth's latest funding was a $***** Seed round on Jul 27, 2022, with participation from 4 investors. Its primary sector is Application Development Tools. In United States, the Application Development Tools sector has seen $3.07B in funding in 2026 to date.

Where does PropelAuth rank among its competitors?

PropelAuth ranks 7th amongst 27 active competitors, of which 11 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Scalekit, which secured $5.5M in Sep, 2025.

Who are the top competitors of PropelAuth?

PropelAuth's top competitors include Scalekit, Permit.io and Cerbos. Among them, Scalekit secured the most recent funding round in September, 2025.

PropelAuth - 2026 Company Profile, Team, Funding & Competitors

PropelAuth is a seed company based in San Francisco (United States), founded in 2021 by Andrew Israel. It operates as a Cloud based passwordless authentication solutions. PropelAuth has raised $3.09M in funding from investors like Y Combinator, Tiger Global Management and Soma Capital. The company has 27 active competitors, including 11 that are funded. Its top competitors include companies like Scalekit, Permit.io and Cerbos.

Company Details

Cloud based passwordless authentication solutions. The platform provides a cyber security platform that offers customizable login solutions such as one click passwordless magic links and social logins. The platform is available on the subscription based pricing model.

Website: www.propelauth.com/
Social
Email ID: *****@propelauth.com

Key Metrics

Founded Year

2021

Location

San Francisco, United States

Stage

Seed

Total Funding

$3.09M in 2 rounds

Latest Funding Round

Seed, Jul 27, 2022, $*****

Investors

Y Combinator & 4 more

Ranked

7^th among 27 active competitors

Employee Count

7 as on May 31, 2026

Similar Companies

Scalekit & 28 more

View PropelAuth's full profile

PropelAuth is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PROPELAUTH, INC. CIN: 6201026 , United States, Active	Aug 27, 2021	-	-	-

PropelAuth has raised a total funding of $3.09M over 2 rounds. Its first funding round was on Jan 13, 2022. Its latest funding round was a Seed round on Jul 27, 2022 for $*****. 4 investors participated in its latest round. PropelAuth has 5 institutional investors.

Here is the list of recent funding rounds of PropelAuth:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 27, 2022	9641752	Seed	1145865	6812941	1460783	2218828
Jan 13, 2022	5716211	Seed	1969254	5252799	Y Combinator	9558355

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View details of PropelAuth's funding rounds and investors

The founders of PropelAuth is Andrew Israel. Andrew Israel is the CEO of PropelAuth.

Here are the details of PropelAuth's key team members:

Andrew Israel: Founder & CEO of PropelAuth.
Contact Info: 1 email address

View details of PropelAuth's Founder profiles and Board Members

PropelAuth's employee count trend

PropelAuth has 7 employees as of May 26. Here is PropelAuth's employee count trend over the years:

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Top competitors of PropelAuth include Scalekit, Permit.io and Cerbos. Here is the list of Top 10 competitors of PropelAuth, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Scalekit 2023, Lewes (United States), Seed	Provider of authentication and user management platform for AI applications	$5.5M	Together, Z47 & 3 others	54/100
2nd	Permit.io 2020, Beit Dagan (Israel), Series A	Cloud-based permissions and access control solutions for applications	$14M	Scale Venture Partners, NFX Digital & 9 others	53/100
3rd	Cerbos 2021, London (United Kingdom), Seed	Provider of authorization platform for enterprise software and AI systems	$11M	OMERS, Crane Venture Partners & 36 others	52/100
4th	Ngrok 2013, United States, Series A	Platform offering authorization management software	$50M	Lightspeed Venture Partners, Coatue	45/100
5th	Styra 2016, Redwood City (United States), Series B	Authorization and security solution for cloud environments	$54M	Accel, Battery Ventures & 5 others	43/100
6th	Stormpath 2012, San Mateo (United States), Acqui-Hired	Provider of authorization management solutions	$24.7M	Pelion Venture Partners, Flybridge Capital Partners ... & 2 others	43/100
7th	PropelAuth 2021, San Francisco (United States), Seed	Cloud based passwordless authentication solutions	$3.09M	Tiger Global Management, 8-Bit Capital & 3 others	39/100
8th	Anon 2023, San Francisco (United States), Series A	Developer of a platform for building and deploying web automation agents	$6.5M	Abstract Ventures, Union Square Ventures & 6 others	34/100
9th	ZITADEL 2019, St Gallen (Switzerland), Series A	Open source based identity management platform for developers	$15.5M	Nexus Venture Partners, Floodgate	34/100
10th	AuthKit 2017, San Francisco (United States), Unfunded	Cloud based authorization management platform	-	-	32/100